Iowa Code 515A.2 – Definitions — scope of chapter
Current as of: 2023 | Check for updates
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1. As used in this chapter:
a. “Commissioner” means the commissioner of insurance.
b. “Insurance” means workers’ compensation liability insurance.
c. “Insurer” means an insurer which issues a policy of workers’ compensation liability insurance.
d. “Policy” means a policy of workers’ compensation liability insurance.
e. “Rate” means a rate for workers’ compensation liability insurance.
f. “Rate filing” means a rate filing by a rating organization or an insurer.
g. “Rating organization” means a workers’ compensation rating organization licensed pursuant to this chapter.
h. “Schedule rating plan” means a rating plan by which an insurer increases or decreases workers’ compensation rates to reflect the individual risk characteristics of the subject of the insurance.
Terms Used In Iowa Code 515A.2
- Commissioner: means the commissioner of insurance. See Iowa Code 515A.2
- Insurance: means workers' compensation liability insurance. See Iowa Code 515A.2
- Insurer: means an insurer which issues a policy of workers' compensation liability insurance. See Iowa Code 515A.2
- Policy: means a policy of workers' compensation liability insurance. See Iowa Code 515A.2
- Rate: means a rate for workers' compensation liability insurance. See Iowa Code 515A.2
- Rate filing: means a rate filing by a rating organization or an insurer. See Iowa Code 515A.2
- Rating organization: means a workers' compensation rating organization licensed pursuant to this chapter. See Iowa Code 515A.2
2. This chapter applies only to workers’ compensation liability insurance.